Recommendation: Add; Target Price: Rs 165
The company has recently launched a new brand under name “Nex” to target upscale urban consumers with its premium range of appliances.
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in ITI Focused Equity Fund.
The Board has announced a dividend of Rs 0.65 per equity share.
Page Industries’ stock nosedived to hit a new 52-week low of Rs 34,952.65 per piece.
On the sectoral front, Nifty IT (+1.42%) and Media (+1.71%) stocks are trading with the most gains.
Last month, Cipla cracked a perpetual license agreement with Novartis.
The 130 MW plant in Gujarat's Kutchh secures a 25-year PPA with SECI at Rs 2.83/kWh.
Ola Electric is looking for a higher valuation than $5 billion.
Recommendation: Buy; Target Price: Rs 5504